What is the Blizzard controversy?

Activision Blizzard, maker of successful franchises like World of Warcraft and Call of Duty, has been sued by the State of California for alleged discrimination against female employees, sexual harassment and failing to take steps to prevent discrimination, harassment and retaliation.

Why is Blizzard getting sued?

The lawsuit says women at the gaming company were paid less and discriminated against, and it described a culture of sexual harassment. A California state agency is suing Activision Blizzard, the video game maker that produces Call of Duty, over claims of sexual harassment and discrimination.

What is the relationship between Blizzard and Activision?

Activision Blizzard, Inc. is an American video game holding company based in Santa Monica, California. The company was founded in July 2008 through the merger of Activision, Inc. (the publicly traded parent company of Activision Publishing) and Vivendi Games.

Why did Activision Blizzard stock drop?

Activision Blizzard Inc. stock dropped to its lowest close in more than a year Tuesday following a report that Chief Executive Bobby Kotick knew about sexual harassment and misconduct at the videogame publisher for years, which reportedly prompted employees to stage a second walkout.

What happened at Blizzard Activision?

Activision Blizzard’s bad year began on July 20. That’s when California’s Department of Fair Employment and Housing filed a suit against the company, accusing the gaming giant of discriminating against its female workforce and fomenting a “frat boy” workplace culture.

What does Activision Blizzard do?

Activision Blizzard develops and publishes interactive entertainment for use on video game consoles, PCs, and mobile devices. It also operates eSports leagues. The Activision segment, which develops and sells video games, is the company’s biggest revenue and profit generator.

What did Activision Blizzard do?

September 20: The Wall Street Journal reports that the US Securities and Exchange Commission is investigating Activision Blizzard’s handling of employee complaints of sexual misconduct and discrimination. The SEC has subpoenaed executives, including CEO Bobby Kotick.

Is Activision different from Blizzard?

The company is called Activision Blizzard, Inc. it’s a merger of both companies. They are still separate entities in terms of development though so games are developed by Blizzard or Activision (or its studios) but make money for the same company. Blizzard has always been owned by a larger company.

Is Activision separate from Blizzard?

The merger was finalized on July 9, 2008. Vivendi became the majority shareholder of Activision Blizzard with 54\% of the stock. Almost no changes occurred at Blizzard Entertainment, and it and Activision continue to exist as separate entities under the Activision Blizzard umbrella.

Is Activision a good company?

Activision is an industry leader with tremendous IP, strong leadership, great work-life balance, and a great culture.

How do I invest in blizzard stock?

How to buy Activision Blizzard stock on Stash

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Is Activision and Blizzard the same company?

On July 9, 2008, Activision merged with Vivendi Games, culminating in the inclusion of the Blizzard brand name in the title of the resulting holding company. As a result, Activision Blizzard became a completely independent company.

Is Activision Blizzard a publicly traded company?

Activision Blizzard, Inc. is an American video game holding company based in Santa Monica, California. The company was founded in July 2008 through the merger of Activision, Inc. (the publicly traded parent company of Activision Publishing) and Vivendi Games.

What is the difference between Activision and Blizzard?

Activision Publishing, which handles the development, production, and distribution of video games from its subsidiary studios. Blizzard Entertainment, which handles the development, production, and distribution of Blizzard’s games. It also houses the company’s esports activities including MLG and the Overwatch League.

What happened to Activision Blizzard after the merger with Vivendi Games?

The merger made Activision Blizzard the parent company of Vivendi Games’ former divisions. While Blizzard retained its autonomy and corporate leadership in the merger, other Vivendi Games divisions such as Sierra ceased operation.

How many business units does Activision Blizzard have?

Activision Blizzard currently includes five business units: Activision Publishing, Blizzard Entertainment, King, Major League Gaming, and Activision Blizzard Studios.